Home > Quick > Body

Analysis: Bitcoin short-term holders cost $88,000 remains key support level

clock
2025-01-09 21:25:26
Glassnode posted on the X platform that the cost price of bitcoin short-term holders ($88,000) is still a key support level. The URPD (Utrealized Price Distribution, Unrealized Price Distribution) indicator shows that if it falls below this cost price, and the volume below this support is sparse, it means that there is no buying support, and the price may accelerate.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.